Form 4: Molson Coors Director Sanford Riley Reports Tax-Related Stock Disposal
SEC Form 4
Director Sanford Riley disposed of 1,440 shares of Molson Coors Class B common stock on May 19, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On May 19, 2025, Sanford Riley, a director of Molson Coors Beverage Co., disposed of 1,440 shares of Class B Common Stock.
- The transaction was executed to cover tax withholding obligations upon the vesting of restricted stock units.
- The shares were disposed of at a price of $56.61 per share.
- Following the transaction, Riley directly owns 46,066 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it's neutral in sentiment.
Industry Context
Executive stock transactions are a normal part of corporate governance. Disposals to cover tax obligations are common when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of transaction: Disposal of Class B Common Stock for tax obligations. |
| 05/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Molson Coors, Director, Sanford Riley, Class B Common Stock, Tax Withholding, Restricted Stock Units, Form 4, Beneficial Ownership
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